Indicators: Normalized Price Indicator

 

Normalized Price Indicator:

By using this indicator you can see the normalized price of any chart! You can use this indicator to find the divergence in the market!

Normalized Price Indicator

Author: Farhad Kia

 
thanks dear farhad 
 
Thanks Farhad,. Could you plz explain more what do you me by Normalized,... your indicator is using auto optimization in background...? what is difference your indicator with others?  
 
Farhad Trader:
Thanks Farhad,. Could you plz explain more what do you me by Normalized,... your indicator is using auto optimization in background...? what is difference your indicator with others?  

Here normalization refers to adjusting values measured on different scales to a notionally common scale.

Normalized value = (value - mean) / standard deviation

 
masoud.aminiyan1:
thanks dear farhad 

🙏